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Tag Archives: AMMJ

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Leading Investment Newsletter Ranks GreenGro Technologies as 10th Most Attractive Stock to Own Out of List of 30 Other Cannabis Securities

Leading Investment Newsletter Ranks GreenGro Technologies as 10th Most Attractive Stock to Own Out of List of 30 Other Cannabis Securities
Cannabidiol, or CBD, is a component of the marijuana plant. Unlike THC, CBD cannot give you a sense of euphoria or make you intoxicated.  What it can do, however, is provide anti-inflammatory, analgesic, anti-nausea and anti-seizure effects, according to industry experts.  While THC acts on certain cannabinoid receptors found in the brain and central nervous system, CBD works throughout the body.  GreenGro’s strategy all along was to allow the heavyweights, such as GW Pharmaceuticals and Insys Therapeutics, Inc. to spend the millions of research and development dollars it did not have to create the market for smaller yet more agile players such as GreenGro Technologies.  The Company expects to update investors on its latest developments in this arena very shortly.
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American Cannabis Company, Inc. Comments on New Chief Financial Officer, Engagement of New Independent Auditor and SEC Filing Status

American Cannabis Company, Inc. Comments on New Chief Financial Officer, Engagement of New Independent Auditor and SEC Filing Status
In its Form 8-K filing, the Company disclosed R. Leslie Hymers’ resignation as Chief Financial Officer. The Company replaced Mr. Hymers with Mr. Michael Schwanbeck. Mr. Hymers’ resignation allowed the Company to implement a new policy establishing the Chief Financial Officer position internally. Since 2014, individuals serving as the Company’s Chief Financial Officers were not required to be dedicated employees working inside the Company’s headquarters. The Company’s desire was to require its Chief Financial Officer to work solely for the Company on-site. The Company believes as a result of requiring its principal accounting officer to work internally at Company headquarters, more efficient and organized accounting will result that will assist the Company in making timely reports to the Commission. Mr. Schwanbeck previously served as part of the Company’s internal accounting team, and agreed to the internal position as the Company’s Chief Financial Officer.
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